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9317 E Sinto Ave 42,661 SF 100% Leased Office Building Spokane, WA 99206 $6,995,000 ($163.97/SF) 7% Cap Rate
EXECUTIVE SUMMARY
This fully leased commercial property presents a strong investment opportunity with long-term stability. The 42,661 SF building, constructed in 1998, sits on a generous 123,504 SF lot. With a diversified tenant base and 100% occupancy, the property provides consistent cash flow and the potential for future appreciation, making it an excellent addition to any investment portfolio.
To view Full Offering Memorandum, a Confidentiality Agreement is required to be signed. Click the link on Flyer or Contact Listing Broker(s) for more information.
To view Full Offering Memorandum, a Confidentiality Agreement is required to be signed. Click the link on Flyer or Contact Listing Broker(s) for more information.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Building Size
42,661 SF
Building Class
B
Year Built
1998
Price
$6,995,000
Price Per SF
$163.97
Cap Rate
7%
NOI
$489,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,330 SF
Building FAR
0.42
Lot Size
2.34 AC
Zoning
C
Parking
275 Spaces (5.45 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,001,900 | |
| Land Assessment | $986,720 | Total Assessment | $5,988,620 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$986,720
Improvements Assessment
$5,001,900
Total Assessment
$5,988,620
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9317 E Sinto Ave
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